Common use of Actions Under Certain Documents Clause in Contracts

Actions Under Certain Documents. Without the prior written consent of the Administrative Agent and the Required Lenders, modify, amend or supplement (a) the Lease Documents to (i) increase by more than $5,000,000 in the aggregate the maximum amount of the Indebtedness thereunder or the lease payments required thereunder, (ii) increase the interest rate thereunder, (iii) modify any requirement of prepayment or repayment thereunder which would shorten the final maturity or average life of the Indebtedness or lease obligations outstanding thereunder or make the requirement of prepayment more onerous, or (iv) make any covenant or event of default contained therein more restrictive as to Parent and its Subsidiaries than the provisions of this Agreement or (b) the Asset Securitization Agreements to (i) increase the program limit amount in excess of $175,000,00, (ii) modify any requirement of prepayment or repayment thereunder which would shorten the final maturity or average life of the Indebtedness outstanding thereunder or make the requirement of prepayment more onerous, or (iii) make any covenant or event of default contained therein more restrictive as to Parent and Subsidiaries than the provisions of this Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Choicepoint Inc), Term Loan Credit Agreement (Choicepoint Inc)

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Actions Under Certain Documents. Without the prior written consent of the Administrative Agent and the Required Lenders, modify, amend or supplement (a) the Lease Documents to (i) increase by more than $5,000,000 in the aggregate the maximum amount of the Indebtedness thereunder or the lease payments required thereunder, (ii) increase the interest rate thereunder, (iii) modify any requirement of prepayment or repayment thereunder which would shorten the final maturity or average life of the Indebtedness or lease obligations outstanding thereunder or make the requirement of prepayment more onerous, or (iv) make any covenant or event of default contained therein more restrictive as to Parent Borrower and its Subsidiaries than the provisions of this Agreement or (b) the Asset Securitization Agreements to (i) increase the program limit amount in excess of $175,000,00, (ii) modify any requirement of prepayment or repayment thereunder which would shorten the final maturity or average life of the Indebtedness outstanding thereunder or make the requirement of prepayment more onerous, or (iii) make any covenant or event of default contained therein more restrictive as to Parent Borrower and Subsidiaries than the provisions of this Agreement.

Appears in 1 contract

Samples: Choicepoint Inc

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Actions Under Certain Documents. Without the prior written consent of the Administrative Agent Agents and the Required Lenders, modify, amend or supplement (a) the Lease Documents to (i) increase by more than $5,000,000 in the aggregate the maximum amount of the Indebtedness thereunder or the lease payments required thereunder, (ii) increase the interest rate thereunder, (iii) modify any requirement of prepayment or repayment thereunder which would shorten the final maturity or average life of the Indebtedness or lease obligations outstanding thereunder or make the requirement of prepayment more onerous, or (iv) make any covenant or event of default contained therein more restrictive as to Parent Borrower and its Subsidiaries than the provisions of this Agreement or (b) the Asset Securitization Agreements to (i) increase the program limit amount in excess of $175,000,00, (ii) modify any requirement of prepayment or repayment thereunder which would shorten the final maturity or average life of the Indebtedness outstanding thereunder or make the requirement of prepayment more onerous, or (iii) make any covenant or event of default contained therein more restrictive as to Parent Borrower and Subsidiaries than the provisions of this Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Choicepoint Inc)

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